Moscow Exchange ready to start Hong Kong dollar-ruble trade

MOSCOW, September 23. /ITAR-TASS/. The Moscow Exchange is ready to launch trading of the Hong Kong dollar-Russian ruble currency pair, the bourse said in a statement Tuesday after a meeting of the currency exchange committee.

The Moscow Exchange will conduct spot and swap deals, a spokesperson said, adding that a final decision on the instrument’s launch has not yet been made.

The committee has also recommended the Moscow Exchange to organize trading of the yuan-ruble pair jointly with the Shanghai Stock Exchange.